I have minimal experience in real estate (only one sell), but I continue to educate myself with almost every second of every day. I continuously stream audiobooks on the way to work, at work, on the way home, while doing chores at home, etc.
The more I educate myself, the more I'd like to live more frugally to put my money towards investments.
My situation is different than most. I make good money (I'm only 23 but make $25/hr) but I'm in a contract position, and my jobs stability is a little sketchy. In the last 3 years I worked this job, was laid off for a year due to lack of work and worked in a warehouse for $13/hr after going 6 months without work, and now I'm back where I was originally. So in 3 years, ive only worked a solid 2. So I'm sure you can see my concern with financing a home.
Also, I didn't go to college (I think it's more of a business than anything depending on your degree) so for me to make this kind of money where I am is rare. I can't just go find a more reliable job.
With that being said my parent's own a parcel of land beside them that they said I could put a mobile home on. Is this a good decision?
A newer home can be bought and taken to their property for about $30,000. I think if I paid this off asap and was living rent free, it would be easier for me to start my real estate endeavors. What do you guys think?
